Crypto Contest Status Report XI
In this report I will look how my analysis did for the month of October. There were 31 contests in October. I have already paid out all of them. The analysis was correct seven times. The analysis was wrong six times. The cryptocurrency was in a range 18 times.
The correct ones were the following:
In these contests the range option won:
In these contests the analysis was wrong:
How did the previous months' analysis go?
From April 1 to October 31, the analysis has been correct 67 times, wrong 25 times, and the cryptocurrency has been in a range 115 times.
Conclusion
Congratulations to the winners. I will be adding 50% of SBD from this post to the "Crypto Contest December 2: CloakCoin" contest prize pool.
Interesting. What do you think the movement over time means? And by that I mean that the analysis has predicted more "in range" than correct and wrong combined. Does this mean that the triangle analysis is no longer as much of a predictor as once thought? Or is this more of a product of the stability of the crypto markets overall over this time frame?
During any given time period, it is generally accepted that markets are rangebound about 80% of the time and trend about 20% of the time.
Or that we have too many coins.
The best trading contest of steemit.
Keep providing great trading opportunities!
Thank you toofasteddie.